NCUA’s latest Letter to Federal Credit Unions features guidance on how credit unions can prepare a successful narrative application when using this option to apply for serving a well-defined local community.
FinCEN joined federal financial regulators, including NCUA, last week to issue a joint statement on sharing BSA resources that addresses the benefits of financial institutions entering into collaborative BSA/AML arrangements.
CUNA has selected Quantivate as the intended provider of a platform as foundation for a new comprehensive compliance solution for credit unions. The platform will manage state and federal compliance burdens in one place.
The Federal Reserve has published a final rule amending subpart C of Regulation CC (Availability of Funds and Collection of Checks) to address check alteration disputes when the paper check is unavailable for inspection.